APA Corporation and its partners, Lagniappe Alaska and Oil Search (Alaska), have made a significant oil discovery in Alaska’s North Slope with...
by Bloomberg|Sara Gharaibeh| Qatar began supplying natural gas to Syria through Jordan, the latest boost to the war-torn country’s interim government following the...
HOUSTON (Reuters)—The American Petroleum Institute, a leading industry group, said on Wednesday that U.S. oil producers and executives will meet with President...
Wyoming’s latest legislative session delivered some major victories for fossil fuel producers and supporters of carbon dioxide-enhanced oil recovery. Lawmakers passed several...
By Nate Raymond, (Reuters) – A federal judge in Louisiana has rejected a bid by three Republican-led states to block a rule...
Continental Resources has entered a joint venture with Türkiye Petroleum and TransAtlantic Petroleum to explore and develop unconventional oil and gas resources...
by Bloomberg| Nathan Risser | The trade in fossil fuels across borders peaked in 2017 and is set to decline as nations seeking energy security...
The recent U.S. decision to impose a 25% tariff on steel and aluminum imports is set to significantly impact the oilfield services...
By Bloomberg |Alex Longley, Jack Wittels| The manager of an oil tanker on fire near the UK said the vessel spilled jet...
As construction, labor, and borrowing costs continue to climb, several U.S. liquefied natural gas (LNG) producers are looking to renegotiate higher prices...
The energy sector is off to a mixed-to-higher start, supported by strength in the underlying commodities. Pre-market gains have been limited for energy stocks amid weakness in major equity futures which are lower following the release of hotter-than-expected August CPI data.
WTI and Brent crude oil futures are extending multi-month highs on concerns over tight supply. Yesterday, the IEA said recent output cuts from Saudi Arabia and Russia will lock in a substantial market deficit through the fourth quarter. The tight market supply is being reflected in the spread between front-month Brent contracts and contracts for delivery six months further which is at $4.68, a width not breached since last November. Additionally, OPEC on Tuesday stuck to its forecasts for robust growth in global oil demand in 2023 and 2024. Traders will now be waiting for this morning’s EIA data as last night’s API release showed builds in crude, gasoline, and distillates.
Natural gas futures are higher on lower production and expectations for a colder winter, which should increase heating demand.
The U.S. Interior Department has proposed a major rule change that could reshape onshore...
🟢 OPEC+ surprised markets by announcing a larger-than-expected August output hike of...
Story By Andreas Exarheas| RigZone.com |Executives from oil and gas firms have revealed where...
Global energy markets are watching a delicate balancing act unfold. Between renewed signals of...
Energy Exploration Technologies Inc. (EnergyX) has struck a major deal to expand its position...
(Reuters) -An $88 million satellite backed by billionaire Jeff Bezos that detected oil and...
President Donald Trump’s latest legislative push, known as the “One Big Beautiful Bill,” marks...
By Felicity Bradstock for Oilprice.com| Many countries need to invest heavily in upgrading their...
WASHINGTON (Reuters) – American companies unveiled a series of significant AI and energy investment...
Oklahoma’s largest oil and gas operators are lining up to claim a new $50...
After a long slump, Oklahoma’s natural gas sector is once again showing signs of...
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